US: Students debt continue to rise

Average student loan debt rose to $28,400 in 2013, a 2% rise from 2012, as the figure topped $30, 000 in 6 states, according to a new finding.

The report by The Project on Student Debt, an initiative of The Institute for College Access & Success (TICAS), shows that the Northeast and Midwest states accumulated the highest debt.

Private loans made up about one-fifth (19%) of the Class of 2013’s debt.